The "Green Dot Program" is
a. an international law to reduce plastics in packaging
b. a private plan in Germany for collection and recycling of packaging
c. a waste management plan operated by the German government
d. a model waste program because of its low start-up and operating costs
b. a private plan in Germany for collection and recycling of packaging
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What is the approximate cost to a professional basketball team of giving ten free tickets for a particular game to children in an orphanage?
A) Probably nothing if the game is not sold out. B) The face price of the tickets C) The value of the opportunities forgone by putting on the game, divided by the number of seats (times ten) D) We cannot tell unless we know the value the orphans place on attending.
Exports account for what percent of GDP in the United States?
a. 2 percent b. 5 percent c. 11 percent d. 15 percent e. 20 percent
The economy is in the horizontal portion of the AS curve, there is no liquidity trap and investment is sensitive to changes in the interest rate. According to the Keynesian transmission mechanism, if the money supply drops the interest rate will __________, investment spending will __________, the AD curve will shift to the __________, and the price level will __________
A) rise; fall; left; rise B) fall; rise; right; rise C) rise; fall; left; not change D) fall; fall; left; fall E) rise; rise; left; fall
For each of the following pairs of products, state which are complements, which are substitutes, and which are unrelated
a. Blu-ray discs and video-on-demand b. Fiat 500 and Mini Cooper S c. Toothpaste and toothbrush d. Popcorn and snowboards e. Razors and razor blades